Celebrating all the yummy goodness of Ghana: its people, its culture and its [far reaching] influences

Wednesday, 30 November 2011

David Adjaye, Bernard Mensah and Idris Elba make the top ten of Michael Eboda’s Powerlist 2012

The latest Powerlist is out now and according to The Voice newspaper -architect David Adjaye (number 5), new to Ghana Rising, Bernard Mensah, the head of emerging markets at Bank of America Merrill Lynch (number 9) and actor/producer/musician Idris Elba (number 10) -all made it onto the list ..which celebrates the most influential black people in Britain. To be honest I’m always surprised when I see Ghanaians on the list ..as the people behind the list are mostly non Ghanaian -and we all know what that means….…….. -I’ll leave it there… for more information about this list and to check out past nominees visit: http://www.powerful-media.com/

More info about Bernard Mensah, the head of emerging markets at Bank of America Merrill Lynch is as follows:

Bank of America Merrill Lynch has hired a Goldman Sachs partner to lead its sales and trading team in emerging markets, where the value of equities trading over the past two years has risen against a fall in developed markets, according to Financial News analysis this week.

The firm announced today that it has hired Bernard Mensah, known as Bernie, as global head of emerging market sales and trading for equities and fixed income, currencies and commodities, excluding Asia.

Mensah is a Goldman Sachs veteran who has spent a decade at the US investment bank. He was made a partner in October 2006, and has been global head of bank loan and distressed trading since 2008. Before that, he was head of various credit businesses in Asia.

The move comes after it emerged last month that Bank of America Merrill Lynch had lost its head of emerging markets credit trading to UBS.

Can Uran, who has also worked for Goldman Sachs in London and Tokyo, will join UBS in September as global co-head of fixed income, currency and commodities for emerging markets.

At Bank of America Merrill Lynch, Mensah will be based in London and report to Graham Goldsmith, global head of global loan and special situations trading, and Andrea Orcel, executive chairman of global banking and markets and president of emerging markets excluding Asia.

Analysis by Financial News this week showed that, while banks were seeing declines in sales and trading revenues this quarter, activity in emerging markets was gathering pace.

In the equity markets, the value of emerging market equity trading jumped 18%, while that of developed market equity trading has tumbled 36% in the past two years. The analysis was based on official trading figures collated by the World Federation of Exchanges.

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